Hands down, the most accurate forex indicator is the Fibonacci retracement. When the price reaches a Fibonacci level, there is a high chance the market will react to it in one way or the other.
No, most of these forex robots are quite straightforward. You don't need prior trading experience or exposure to other forex robots. They come accompanied by elaborate user manuals to guide you through the installation process. Plus the customer...
The charts are usually sorted according to their importance to the current trend of the currency being traded. The patterns that indicate the upcoming end of the trend are known as reversal patterns. In contrast, the patterns on the charts that...
Leverage can give the opportunity to trade in the forex, especially if the trader starts with a small balance. In my opinion, not all leverage is suitable for forex trading. In the forex small leverage is best for newbies. Nowadays many brokers offer...
The Margin Level is the percentage (%) value based on the amount of Equity versus used Margin. Margin Level allows you to know how much of your founds are available for new trades. The higher the Margin Level, the more Free Margin you have available...
Bitcoin: Bitcoin is a type of cryptocurrency. There are no physical bitcoins, only balances kept on a public ledger that everyone has transparent access to. All bitcoin transactions are verified by a massive amount of computing power.
Traders need both technical and fundamental ability to trade properly in the market. Technical analysis involves past price data to predict future price action. Fundamental analysis involves world events, news, inflation, etc. Those who really want...
There are many different approaches to how to start trading Forex in a sustainable way, whether it's gathering theoretical knowledge in the first place, using demo account, or starting live trading right away.
We are living in the age of technology and coding based on maths, artificial intelligence, machine learning as well as algorithms. Previously the bots were used to execute trades on the different financial markets using those instructions. But the...
I am a novice in trading and want to choose a broker with great features. So which is the best broker in 2021?
the main purpose of a scalper is to grab very few pips as many times as possible during the busiest hours of the day. It is one of the most popular trading strategies in the market. Traders try to earn a lot of small profits from huge numbers of...
Trading forex news is perhaps one of the most exciting ways to trade but news trading can be risky too. It is very difficult for a new trader and everyone can not trade news at the beginning of his trading career. So first we should learn about the...